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In First Hearing, Will Issa Investigate Countrywide's Loans to Democrats? (Kent Conrad is afraid)
The Atlantic ^ | 1/18/11

Posted on 01/18/2011 7:30:58 PM PST by LdSentinal

Congressman Darrell Issa, the new oversight cop in Washington, will announce his first hearing tomorrow, and Politico's Mike Allen has reported that it will focus on the mortgage crisis.

We won't know what the scope of this hearing will be until witnesses and a narrower topic is announced, and we won't know whether it will turn into a full-blown investigation until Issa's Oversight and Government Reform Committee receives testimony and documents and decides whether or not it's interested in pursuing further study.

It's possible, however, that this will turn quite political.

If committee Republicans choose to investigate the preferential loans received by Sens. Chris Dodd and Kent Conrad from Countrywide--loans that embroiled both senators in controversy almost two years ago--that's exactly what will happen, as Democrats would likely take offense at scrutiny of their colleagues, initiated in Issa's very first oversight actions as committee chairman. The word "witch hunt" would probably be used.

Dodd left Congress at the end of 2010. Conrad, meanwhile, announced today that he'll retire.

A committee spokesman declined to comment on whether an investigation into the mortgage crisis would include looks at Dodd, Conrad, or Countrywide's scandalous program of special mortgage deals for influential people.

(Excerpt) Read more at theatlantic.com ...


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: conrad; corruption; democrats; issa
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Issa to begin Countrywide-Democrat corruption probes and all of the sudden Sen. Kent Conrad (D) retires?
1 posted on 01/18/2011 7:31:03 PM PST by LdSentinal
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To: LdSentinal

Country Wide is on your Side!!!!


2 posted on 01/18/2011 7:32:49 PM PST by Oldexpat
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To: Liz; onyx; maggief; STARWISE; SE Mom; penelopesire

mmm mmm mmm
Is Rahm E going to be on the list?


3 posted on 01/18/2011 7:35:56 PM PST by hoosiermama (ONLY DEAD FISH GO WITH THE FLOW.......I am swimming with Sarahcudah! Sarah has read the tealeaves.)
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To: Oldexpat

That was Nationwide......


4 posted on 01/18/2011 7:37:00 PM PST by Red Badger (Whenever these vermin call you an 'idiot', you can be sure that you are doing something right.)
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To: LdSentinal

if you’re not a witch, you have nothing to fear.


5 posted on 01/18/2011 7:38:09 PM PST by dps.inspect (the system is rigged...)
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To: potlatch

.

Ve vant to see your papers.....

.


6 posted on 01/18/2011 7:45:25 PM PST by devolve (. . . . . . . . . Wagya Butt for only $100 pound . . new and improved and ahead of the curve . . . .)
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To: devolve

[It’s possible, however, that this will turn quite political]

Well Daaaa! I sure hope so, lol.


7 posted on 01/18/2011 7:48:54 PM PST by potlatch ( !/ ~*coincidences usually aren't *~\!)
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To: potlatch

.

Dorgan - gone

Conrad - gone 2012

Lieberman - gone 2012

The left is jumping ship bigtime

A Sue-Nami is a-comin’

.


8 posted on 01/18/2011 7:54:51 PM PST by devolve (. . . . . . . . . Wagya Butt for only $100 pound . . new and improved and ahead of the curve . . . .)
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To: devolve

[A Sue-Nami is a-comin’]

Is there a Sue-nominee in the offing?


9 posted on 01/18/2011 7:58:21 PM PST by potlatch ( !/ ~*coincidences usually aren't *~\!)
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To: potlatch

.

Could be

Lots of Republican women elected in ‘10

.


10 posted on 01/18/2011 8:17:47 PM PST by devolve (. . . . . . . . . Wagya Butt for only $100 pound . . new and improved and ahead of the curve . . . .)
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To: devolve

Yes there were. I can’t recall the numbers. Mostly remember the big names who didn’t make it.


11 posted on 01/18/2011 8:21:52 PM PST by potlatch ( !/ ~*coincidences usually aren't *~\!)
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To: potlatch

.

They scare the old 4-5 term RINO Senators too

Tough!

.


12 posted on 01/18/2011 8:27:50 PM PST by devolve (. . . . . . . . . Wagya Butt for only $100 pound . . new and improved and ahead of the curve . . . .)
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To: devolve
Maybe because a lot of men consider women unpredictable, lol.
13 posted on 01/18/2011 8:33:38 PM PST by potlatch ( !/ ~*coincidences usually aren't *~\!)
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To: potlatch

.

The RINOS sold out bigtime

Joined “the club”

DC is warmer winters than North Dakota, Massachussetts, Maine, New Hampshire, Vermont, Michigan, Illinois, etc..

As FEDS and States allowed and gave into huge gov. union pensions and civil service pensions and teaher’s pensions

Unfunded pension Doomsday was ignored and politicians and bureaucrats ate and drank and partied together

The retire - to huge pensions and benefits themselves

The bubbles burst - so property taxes, income taxes, sales taxes (VAT on the way!), fees, 0pansycare taxes and fines -

Sock it to the dumb peons!

We covered them with healthcare - under all that BS and brand new taxes and premiums!

“There has got to be a phoney in there!”

.


14 posted on 01/18/2011 8:46:17 PM PST by devolve (. . . . . . . . . Wagya Butt for only $100 pound . . new and improved and ahead of the curve . . . .)
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To: potlatch

.

The men are too predictable

The democrats would never have agreed to sit with Republicans during State Of The Union in 2009 or 2010

“We won!”

Secret dem only conferences and suddenly a ‘shovel ready’ bill appears - with no debate or ammendments allowed

The new Speaker better dry his dainty tears and man-up pronto

Michelle Bachman would not be crying every few minutes

.


15 posted on 01/18/2011 8:58:42 PM PST by devolve (. . . . . . . . . Wagya Butt for only $100 pound . . new and improved and ahead of the curve . . . .)
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To: devolve

I’m going to be interested in watching Texas politics. Perry keeps saying no tax increase but much will be cut.

I read that one state in the northeast is raising it’s state income tax to 75%........I know I read that somewhere but can’t believe it could be true. You probably know.


16 posted on 01/18/2011 9:03:35 PM PST by potlatch ( !/ ~*coincidences usually aren't *~\!)
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To: devolve
Frankly, women can be more catty than men and I could see the women not wanting to oblige the dems by sitting with them. You get a taste of that from Pelosi, she is a domineering woman.
17 posted on 01/18/2011 9:13:00 PM PST by potlatch ( !/ ~*coincidences usually aren't *~\!)
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To: potlatch

.

Illinois dems say the +60% income tax hike is “only temporary” -

Like the ‘Spanish-American War’ tax was I guess.....

States burned through (spent) the alleged pension fund ‘trusts’ employees were required to contribute to -

It would have been cheaper to hire Bernie Maddoff or Hugo Chavez

.


18 posted on 01/18/2011 9:20:18 PM PST by devolve (. . . . . . . . . Wagya Butt for only $100 pound . . new and improved and ahead of the curve . . . .)
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To: devolve

Illinois Lawmakers Propose 75 Percent Income Tax Hike

I just went and looked it up on Google. I knew I had read that. We all know what goes up seldom comes back down, lol.

Those who can move, probably will and they won’t really gain anything.


19 posted on 01/18/2011 9:27:54 PM PST by potlatch ( !/ ~*coincidences usually aren't *~\!)
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To: potlatch
Those who can move, probably will and they won’t really gain anything.

Except getting out before the next 75% hike.
20 posted on 01/18/2011 9:35:54 PM PST by domeika
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